Harbour Energy Share Discussion Threads

[professor pettigrew] 27/1/2019 22:09

Remember.

Production above previously issued targets.
Debt coming down far quicker than previously issued targets.

Very cheap at 71p.

[onedb1] 27/1/2019 22:00

Oil ( front month future Brent ) averaged 71$ more or less in 2018. Quoting $86 as the figure that would have reduced debt ( which has come down ) is like saying you are not very good at maths ... but am sure most knew that . Meantime average hedge for 2019 = $70 for a third of production and breakeven has lowered to $45 . So technically 61 today is equivalent to 66 ( when we had $50 as breakeven ) As we sleep PMO is generating free cash flows ! Wake up. If it weren't for the RI fear we'd easily be above 100 again

[stansmith3] 27/1/2019 16:59

don't think anyone wants a ri for that

[fireplace22] 27/1/2019 15:48

Train of thought that PMO needs more NS assets to utilise it tax losses.

[stansmith3] 27/1/2019 15:37

completely true, but as a result people wondering why the market isn't more positive towards pmo don't need to look far

[vikingwarrier] 27/1/2019 15:22

The company ket its options open. Ineos though continues to discuss buying the assets.

[stansmith3] 27/1/2019 14:39

could be threat of a rights issue, perhaps?company had chance to rule out bidding and instead issued an rns saying they haven't decided

[steve73] 27/1/2019 10:42

PMO & TLW discussed here..



With P/E of 4 & 12 resp., and PMO reducing its debt significantly faster than TLW (17% vs 14% last year), I'm surprised they haven't been more positive toward us.

[tab27] 25/1/2019 22:54

Too right Mercer, worst thing you can do in these positions in swap your long to a short or vice versa in a hope to catch the tide thats already gone by. Pmo is steady at 68-73p, so pretty poor time to switch sides in my opinion.

[vikingwarrier] 25/1/2019 18:34

Collapse? It rose today plonker!

[lageraemia] 25/1/2019 17:42

Or when the Zama2 side track hits 200mm of net pay and a 10m thick seam of DIAMONDs

[adg] 25/1/2019 17:41

Lodge I was trying to be polite earlier - after that last comment I can’t hold myself back now, I only have one thing to say to you;
“You plonker Rodney”
Collapse..... what from 71.1 to 70.65....
you windylicker!

[lodgeview] 25/1/2019 16:38

See it at the end. Wow what a collapse!

[cielos] 25/1/2019 16:11

A very small white candlesticks on the chart today

[lodgeview] 25/1/2019 15:59

Everyone ok?

[markymar] 25/1/2019 15:54

He never call it right yet....ha ha

[rbonnier] 25/1/2019 15:36

Lodge heading for another £5k+ loss today 🤔

[manics] 25/1/2019 15:33

Yo' Lodge you lost £50k on the long trade.

Your short target is 55p -hot dawg that means you'd have to be around £3.3k per pip JUST to break even.

Never get emotional on a trade imo. PMO owe's you nothing..!

[mercer95] 25/1/2019 13:11

All depends on your time frame lodgeview, sitting on a loss is all part & parcel of investing IMO they don’t tell you that on the YouTube videos.

[rbonnier] 25/1/2019 13:06

L😲L !

[lageraemia] 25/1/2019 13:04

Quick Lodgers!! Look at POO......

It's 'surging'!